This report is very good. It does not say oil is about to crater.
The report like you and most of the pundits are missing a couple of things. I have said both of them but not in relation to oil cratering.
One the report does not address the global slowdown.
Two the report does not address the Kremlin’s oncoming hyperinflation.
With those two factors the Chinese and Indians will force the price down well below the cartel set prices. OPEC will also follow.
Oil is about to crater.
The third factor central banks must tighten and raise rates to head off inflation putting huge pressure on all nominal commodity prices.